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Stop worrying about NELLO. Worry about the MM's.
They're the ones.
If NELLO did cause the tidal puke the last few days, HE ISN'T going to buy back in at these levels.
Hope otherwise but setting up for a LOD close.
Would like to see it close UP on the Day.
That's all I want at this point.
GLTA
Too much complacency here folks.
Better act a bit more scared and not so High-Fivey!
RE-TEST OF LOWS COMPLETE!
Wish Commission Prices were $100-$200 again.
This daytrading is a joke.
Okay monk.
Gotta tell ya, didn't even look at the "poster" but dang, we gotta have a bigger horizon. LOL
YOUR SHORT TERM INDICATORS STUFF IS RIDICULOUS!
If you want to talk DAILY CANDLESTICKS fine,,,but the 5 minute SAR?
Oh Please just sell your shares and chop a hunk-O-junk penny.
SWVC Could Top HALL OF FAME LIST !!!
Yeah do that due diligence too.
You're not going to need to work.
Relax!
Close 8.7+ cents on Higher Volume than Yesterday???
Reverse that ugly Candlestick out in ONE DAY????
CAN WE DO IT ?
Tom brought Goodfeelings on 9-11 Anniversary.
That's one way to change the perception for a few on that date.
He's the Dr.FeelGood of CEOs.
Interesting he did it today.
GLTA
When's the Shareholder Meeting? New Exchange coming?
Prints there were pretty heavy a few moments back.
Need to get back to GREEN on the day shortly.
Or the SHORTING VERMIN will take that as a greenlight.
However if they're holding short overnight, any night with this stock, they have a deathwish.
3.5c should hold.
Is Nello Shatting the Bed Again?
What's in 30% of GS....?
Do we get that New-fangled-Spaceage-Polymer AEROGEL ?
That alone could be worth something huge pricewise.
If 100% Wisebuys: gives us $50 Million Revenue Stream?
Correct?
No. Did you? You going to call tomorrow?
I'll call tomorrow and ask some questions, as well.
However, I suggest we all Call.
And I don't want to hear this would bother the guy, team, night clerk who is glued to I-Hub banter.
CALL
When it goes up tomorrow, take some profit.
And do thorough due diligence!
Phone: 212-994-5374 Seaway Valley Capital Corporation
One Penn Plaza
Suite 1612
New York, NY 10119
United States
Fax: 646-572-6336
Phone: (315) 287-1122
Owners: Thomas W. Scozzafava, Dierdre K. Scozzafava, Joseph LaChausse
Address: 10-18 Park Street , Gouverneur, NY 13642
Sept 4th we had a very similar candlestick chart pattern.
That seemed to work out well.
If we can repeat that day after the hanging man, we'd end up at 10c tomorrow.
Fingers crossed to give the bashers the Bird!
WISEBUYS STORES, INC.
Owners: Thomas W. Scozzafava, Dierdre K. Scozzafava, Joseph LaChausse
Address: 10-18 Park Street , Gouverneur, NY 13642
Phone: (315) 287-1122
Established: 2003
Type of Business: Retail department and food store
Selected by: The Canton Small Business Development Center
Financing: 2003 - Thomas Scozzafava needed to secure funding well above the comfort level of most commercial banks. With help from the SBDC at SUNY Canton, Scozzafava identified alternate sources of capital and reviewed his business plan and financial projections. Scozzafava and his partner, sister Dierdre, formed an assetmanagement and merchant-banking company with a management team led by Joe LaChausse and raised $5 million in start-up capital.
Two years ago, when North Country native Scozzafava left his executive position on New York City's Wall Street and relocated to Gouverneur, he saw the need for a retail department store in rural villages throughout northern New York - especially since a national chain retailer had just closed its outlets in the area.
In September 2003, WiseBuys Stores, Inc. - a modern discount department and food store - opened in a 40,000-square-foot facility, followed by stores in Gouverneur, Pulaski, and Tupper Lake. Scozzafava and his partners have created more than 170 jobs and hope to open at least two more stores in 2004.
Copyright Central New York Business Journal Apr 30, 2004
Provided by ProQuest Information and Learning Company. All rights Reserved
From NorthCountryNow:
http://www.northcountrynow.com/business/featurestories/default.asp
WiseBuys buys Hacketts in $6 million deal
Newcomer WiseBuys Stores, Inc. is buying Hacketts, one of the oldest retailers in the country, in a $6 million transaction.
WiseBuys chief financial officer and co-founder Tom Scozzafava of Gouverneur, a venture and capital markets investor and chief executive officer of Seaway Capital, announced the acquisition Friday after months of talks between the two North Country retailers regarding a merger or acquisition.
Many had believed that Hacketts would be the acquirer. The new company, at least, will be called Hacketts.
The companies together have 10 stores in northern New York, including a Hacketts in Potsdam and both a WiseBuys and a Hacketts in Canton..
Part of the deal is a management agreement for the retention of Hackett family members and Hacketts CEO Norm Garrelts.
WiseBuys was founded in 2003 by Scozzafava, former BJ’s Wholesale Clubs executive Joseph LaChausse, former Ames Department Stores chairman and CEO Joe Ettore, and other investors. The first store opened in Canton not a year after Ames closed all its stores. WiseBuys’ announced aim was to fill the discount retail gap left by Ames.
Along the way it has partnered with Payless Shoes, KB Toys, RadioShack and other consumer lines for departments within its stores.
The company says the five WiseBuys stores, in Canton, Gouverneur, Hamilton, Pulaski and Tupper Lake, have generated $35 million in revenues since 2003.
Hacketts’ roots go back to 1830, according to its web site, “when it was a ships’ chandelry, wholesale supplier and a traditional hardware store. During its evolution, it would also become a supplier of railroad equipment, builders and contractors supplies, plumbing supplies, steam fitting, tinsmithing, and a large foundry manufacturing many lines of metal plumbing items which you still find in existence today.”
Hacketts has stores in Ogdensburg, Potsdam, Canton, Massena, and Watertown, with premium hardware, houseware, garden, sportswear, sports gear, and gift departments.
After months of talks, things moved fast: In just the past month, according to announcements from Scozzafava, his company Seaway Capital acquired GS Carbon, a company focusing on emerging environmental carbon-reduction methods; Scozzafava, now GS Carbon’s chief, announced in a July 2 letter to GS Carbon shareholders its plan to acquire WiseBuys; GS Carbon announced on July 13 its acquisition of shares amounting to a majority voting interest in WiseBuys; WiseBuys announced July 17 the paying off a loan from the New York Business Development Corporation taken out when Scozzafava, Ettore and LaChausse started up WiseBuys; and WiseBuys announced Friday the agreement between WiseBuys owners and Hacketts on the acquisition of Hacketts.
“We are pleased to announce this agreement to acquire Hacketts,” Scozzafava said in Friday’s announcement. “WiseBuys and Hacketts combining into one entity is strategic for a number of reasons, including the sharing of managerial resources, increasing purchasing power, leveraging current advertising spending, and diversifying the combined company’s merchandise mix.
We anticipate taking the best from both companies and combining those qualities under one roof under the store brand ‘Hacketts’,” said Scozzafava.
The acquisition calls for a $1.5 million payment at closing and additional payments of $4.5 million over eight years.
The announcement says estimated annual revenues of the combined companies is $30 million.
How about Hackett's Hotties for the Holiday Season Promotions?
Put some gals in Santa Mini-Skirts and you'd be all set.
However they may have to bring in a few 'Pros' from CA or all that gorgeous snatch down in F.L.A. ( sorry ripped that line straight from Slapshot) but you get the point.
I just don't know how 'strong' the Hottie contingent is in Up-State NY. If I've offended any of the Up State NY HOTTIES I do apologize in advance.
I just have never heard through the grapevine how incredible the Watertown women are and the Beach Boys never carried a line in any song about these how tasty and gorgeous the Potsdam Pu$$i is.
However if I'm mis-informed, please feel free to comment to the rest of the Seaway Board and please accept my deepest sincerest apologies.
GO SEAWAY!!!!
We now need to put a nice LONG GREEN CANDLE next to that ugly hammer. Or go sideways for a few days and work through the charting mess.
It's a Perfect Chart to Release "HUGE" news after however.
Since you've cleaned out the daytrading vermin already.
People always argue that "DayTraders" / "Flippers" are okay for a stock, however after today I wonder if more would agree that these players are scumsucking bottom-feeding self-serving hacks of humanity.
GLTA
Could that have been CORNELL puking their holdings?
We know they've converted, but could that have been the CASHOUT by them?
Similar to Sept 4th Candlestick.
However that one was still GREEN.
GLTA
'Cornholio' finally Bailing completely ?
Thanks TJG . That's what I wanted to know.
GLTU
Isn't there that 'AeroGel' stuff Tom has stuffed away from the Greenshift Company? Or am I thinking of another company?
Isn't there something possibly big in that?
Can't remember but please clue me and the others in.
Thanks in Advance.
Yeah do that due diligence.
Looks like the Alpha Males are Winning.
LOL
Hope you got back in.
Looking forward to any filing American they can release.
Thanks for asking about the golf and yes it was very entertaining.
I did leave a few shots out there however. LOL
I'm hopeful to have more time on my hands to practice shortly.
GLTU and GLTA.
You guys "Minded the Store" beautifully while I was gone.
THX!
.057 ( 1190 ) shs then .0575 ( 1040 ) shs trade
That sure looks like a CODE to me.
Another way of stating 911
and response was a 10-4-0 good buddy.
Anyone else see that?
Hmmmmmm.....
I think the MM's are trying to get trickier.
GLTA.